EghtesadOnline: The cabinet of Pakistan with Prime Minister Nawaz Sharif in the chair is going to discuss some details on Iran-Pakistan (IP) gas pipeline project.

According to Pakistan state media, the cabinet will consider 23-point agenda including the IP project.

Other items on its agenda include setting up of a permanent secretariat of the Council of Common Interest, Repatriation and Management Policy for Afghan Refugees and consideration of draft agreements and MoUs with several friendly countries, IRNA reported.

The 56-inch diameter pipeline will initiate from South Pars gas field Iran and end at Nawabshah covering a distance of around 1,931 kilometer with 1,150 km portion in Iran and 781 km in Pakistan.

The implementation is to be done on the basis of a segmented approach whereby each country will be responsible for construction of pipeline in the respective territory.

The 750 mmcfd gas flow in the pipeline is projected to help generate around 4,000 MW electricity also, along with creating job opportunities in backward areas of Balochistan and Sindh.